The Unraveling of Joann Fabrics

How JOANN Fabrics, entering its second bankruptcy in a year, simultaneously destroyed shareholder value along with the joys of crafting.

Craft Market Data and Research

This roundup of craft industry research studies can be helpful to you when seeking funding, creating a business plan, or expanding into new sectors.

JOANN Invests in Glowforge, Bringing Laser Cutting to the Mainstream Crafter

Glowforge, the home laser cutter, is about to become available to many more crafters, including those who can’t afford the hefty price tag (the retail price is $4,000, twice what it was during the crowdfunding campaign) and don’t have a dedicated space to house it. At the end of December the nation’s largest fabric and craft retailer, JOANN, announced a significant investment in Glowforge. Here’s how some crafters are reacting to the news.

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